TechnoPro : Notice Regarding Revisions of Earnings Guidance and Dividend Forecast
04/28/2021 | 02:21am EDT
To Whom It May Concern,
April 28, 2021
TechnoPro Holdings, Inc.
(Code:6028, TSE First Section)
Yasuji Nishio, President, Representative Director & CEO
Toshihiro Hagiwara, Director & CFO
Notice Regarding Revisions of Earnings Guidance and Dividend Forecast
TechnoPro Holdings, Inc. today announced a revision of its consolidated earnings guidance and dividend forecast for the fiscal year ending June 30, 2021, which was announced on February 2, 2021, as follows:
1. Revision of Consolidated Full Year Earnings Guidance for the Fiscal Year Ending June 30, 2021 (July 1, 2020
June 30, 2021)
(yen in millions, except per share amounts)
Net profit per
owners of the
Previous guidance (A)
Revised guidance (B)
Difference (B - A)
(Reference) FY20.6 results
2. Revision of Year-End Dividend Forecast
Annual dividend per share (yen)
Dividends for the
current period (FY21.6)
(Reference) Dividends paid for
the previous period (FY20.6)
3. Reason for the Revision
Although the uncertainty about the economic outlook still continues due to the spread of the COVID-19 infection, demand for the engineering professional services remains solid. With regard to the full-year consolidated earnings guidance for the fiscal year ending June 30, 2021, consequently, both revenue and profits are expected to exceed the previous guidance. For further details, please see "TechnoPro Group Financial Results for the 3rd Quarter of FYE June 2021" disclosed today (April 28, 2021).
TechnoPro Holdings, Inc.'s basic stance on shareholder return is to maintain stable payment of interim and year-end dividend every year, in accordance with the dividend policy to distribute profits linked to business performance at the
－ 1 －
expected full-year dividend payout ratio of 50%.
Upon the announcement of the revised full-year earnings guidance above, TechnoPro Holdings, Inc. sets a plan to distribute a year-end dividend of ¥122.00 per share for the current fiscal year in line with the full-year dividend payout ratio of 50% (total annual dividend of ¥172.00 per share, including interim dividend of ¥50.00), representing an increase of ¥11.00 per share compared with the previous forecast.
(Note) The above guidance and other forward-looking statements are based on information currently available to the Company and certain other premises judged to be reasonable, and the actual results may differ materially due to various factors.
Note on translation
This document is provided for informational purpose only. If there are any discrepancies between this and the original, the original Japanese document prevails.
TechnoPro Holdings Inc. published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 06:20:02 UTC.